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Freestanding Office Building for Lease
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1715 Union Avenue, Memphis, TN 38104

Freestanding office building with strong exposure along a major east-west thoroughfare and adjacent banking tenant.

Space Size2,600 SF
Days on Market93

Property Features for 1715 Union Avenue

General Information

Standard status Active
Size 2,600 SF
Property subtype Single Tenant or Freestanding Building

Additional Details

Traffic Count 29,875 vehicles/day

Building Details

Tenancy Single

Spaces For Lease

at 1715 Union Avenue Contact us

1

Size
2,600 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Hurston Reed · License #349528
Source: Theshoppingcentergroup
Added: Jun 2 Changed: Aug 8 Last Checked: Sep 2 at 4:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This freestanding office building offers approximately 2,600 square feet of space, presenting a straightforward option for businesses seeking their own identifiable presence. The property’s configuration supports a dedicated office environment, with the exterior building format providing clear signage potential and an easy-to-understand tenant footprint.

Located on heavily traveled Union Avenue, the site benefits from prominent visibility along a major downtown-to-midtown thoroughfare running west to east through the city. The building sits adjacent to an independent bank, and the surrounding retail mix includes Home Depot, Kroger, The Fresh Market, Hollywood Feed, Starbucks, Chick-fil-A, Chipotle, Five Guys, Wendy’s, Captain D’s, Firehouse Subs, and others. Union Avenue traffic is reported at 29,875 AADT, supporting consistent exposure for commuters and visitors.

For tenants or operators, this is a practical fit for professional and service-oriented office users who value frontage on a high-traffic corridor and want the operational simplicity of a freestanding building. The location’s strong retail adjacency can also be beneficial for organizations that rely on convenient access and frequent customer pass-by.

Key Highlights

  • 2,600 SF freestanding building available for lease
  • Located on Union Ave, a heavily traveled west‑to‑east thoroughfare through the city
  • Adjacent to an Independent Bank

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,875 VPD
Traffic count
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$15.75 /SF/Yr
Avg Asking Price
$4.19–$35 /SF/Yr
Price Range
8,076 SF
Avg Space Size

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Freestanding office building with strong exposure along a major east-west thoroughfare and adjacent banking tenant.
Where is this office units located?
The property is located at 1715 Union Avenue Memphis, TN.
What are key features of this property?
This property features: 2,600 SF freestanding building available for lease; Located on Union Ave, a heavily traveled west‑to‑east thoroughfare through the city; Adjacent to an Independent Bank
More about this property
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